IBM announced today that HDFC Bank Limited, the second largest private bank in India, has selected IBM for an industry-first information management software project designed to help HDFC rapidly enhance customer care and identify new business opportunities.

Lone Star Funds responded to the Korean Supreme Prosecutors' Office's announcement in Seoul earlier today of its interim conclusion regarding the long-running investigation of Lone Star's investment in Korea Exchange Bank, "After nine months of intensive investigation, there is nothing new in the SPO's latest public announcement. It is the same old broad conspiracy theory that never made any sense and still is not supported by any hard evidence."